Since 2008 Walmart has paid $64B in corporate income tax, while Amazon has paid $1.4B.
(Source: http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-sec)
Amazon is taking NYC's lunch money - New York City has the power to stop Amazon and to restore middle-class equilibrium.
(Source: http://www.adamtownsend.me/amazon-nyc/)
Jean-Claude Juncker and Luxembourg's exclusive relationship granted Amazon illegal tax evasion.
(source: http://europa.eu/rapid/press-release_IP-17-3701_en.htm)
Only 13 percent of Amazon’s profits went to federal, state, local and foreign taxes from 2007 through 2015, according to an analysis by S&P Global Market Intelligence.
For the sake of comparison, that’s about half the average amount S&P 500 companies paid over same period.
Amazon paid just a 9.3 percent effective federal income tax between 2008 and 2012.
Source: http://www.politifact.com/truth-o-meter/statements/2017/jul/...
Amazon will unemploy millions of people.
Source: https://www.marketwatch.com/story/amazon-is-going-to-kill-mo...
"Since 2008 Walmart has paid $64B in corporate income tax, while Amazon has paid $1.4B. This is despite the fact that, in the last 24 months, Amazon has added the value of Walmart to its market cap. The most uncomfortable question in business, in my view, is how do we pay our soldiers, firefighters, and teachers if a firm can ascend to $460B in value (#5 in the world) without paying any meaningful corporate taxes." - Professor Scott Galloway
Source: https://www.bloomberg.com/view/articles/2017-09-19/why-wal-m...